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20 11, 2020

Reno Fire Department Says Wildfire Destroyed 5 Homes, Damaged 24

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Authorities now say five homes were destroyed and 26 damaged by a wind-driven wildfire that roared through a Reno, Nev., neighborhood. Of the homes damaged Tuesday, three were heavily damaged and 21 had minor damage due to the fire, which …

20 11, 2020

Tire Chain to Pay $16M to Oregon Employees Over Lunch Breaks

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Thousands of Les Schwab Tire Centers employees in Oregon will receive $2,500 checks this month as part of a settlement over a lawsuit that said the chain hadn’t given workers enough time for lunch. The suit alleged the Schwab employees …

20 11, 2020

What Congress Should Do, Nor Not Do, to Rescue Businesses in Future Pandemics

By | November 20th, 2020|Uncategorized|Comments Off on What Congress Should Do, Nor Not Do, to Rescue Businesses in Future Pandemics

Congress is weighing whether insurers and government can together “bend pandemic risk curves” for future events or simply replace some of the economic losses of businesses, putting them “into induced comas” during pandemics. That was the essence of a debate …

20 11, 2020

NTSB: Offshore Louisiana $750K Liftboat Loss Caused by Inadequate Preload Procedure

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The overturning of an a liftboat servicing and oil platform in the Gulf of Mexico off the Louisiana coast was the result of an inadequate preload procedure, according to federal report. The National Transportation Safety Board on Nov. 17 issued …

20 11, 2020

Louisiana a Founding Member of ‘Cannabis Regulators Association’

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Louisiana is one of 19 states that is now part of the newly formed non-partisan organization called the Cannabis Regulators Association (CANNRA). The Louisiana Department of Agriculture and Forestry (LDAF) is a founding member of the association. LDAF which regulates …

20 11, 2020

SPG Names Lamitola Chief Sales Officer, Stavrakis Takes Helm of Monarch

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Specialty Program Group LLC has named Christopher Lamitola chief sales officer. Lamitola will provide sales and marketing guidance to acquired business partners. Lamitola comes to SPG from Allstate Insurance Co. in New York, where he was territory sales leader. Prior …

20 11, 2020

Judge Upholds Washington’s Orders Against Armed Citizens Legal Defense Network

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An administrative law judge upheld Washington Insurance Commissioner Mike Kreidler’s fine and cease-and-desist order against Armed Citizens Legal Defense Network Inc., for illegally acting as an insurer in the state. Kreidler in March ordered Armed Citizens to stop acting as …

20 11, 2020

A Dozen Items Slated to Be Considered for California Export List

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More items are being proposed for the California Export List than in recent memory, including coverages for cyber, parametric products, earthquake, and COVID-19, according to a surplus lines expert. The California Department of Insurance gave official notice that the next …

20 11, 2020

Flint, Michigan Water Lawsuit Settlement Rises to $641M

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The proposed settlement of a lawsuit filed on behalf of residents of Flint, Michigan, who were harmed by lead-tainted water now totals about $641 million, officials revealed on Nov. 18. The lawsuit was the result of workers following state environmental …

20 11, 2020

Tyson Suspends Meat Plant Managers Accused of COVID Betting Pool

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Tyson Foods Inc. said it has suspended managers at an Iowa meatpacking plant accused in lawsuits of betting on how many workers would be infected in a Covid outbreak earlier this year. More than 1,000 of the 2,800 employees at …